GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Materion Corp (NYSE:MTRN) » Definitions » PB Ratio

Materion (Materion) PB Ratio : 2.66 (As of May. 31, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Materion PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-31), Materion's share price is $114.38. Materion's Book Value per Share for the quarter that ended in Mar. 2024 was $42.93. Hence, Materion's PB Ratio of today is 2.66.

The historical rank and industry rank for Materion's PB Ratio or its related term are showing as below:

MTRN' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.95   Max: 3.21
Current: 2.66

During the past 13 years, Materion's highest PB Ratio was 3.21. The lowest was 0.95. And the median was 1.95.

MTRN's PB Ratio is ranked worse than
71.27% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.43 vs MTRN: 2.66

During the past 12 months, Materion's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Materion was 16.90% per year. The lowest was -12.80% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


Materion PB Ratio Historical Data

The historical data trend for Materion's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Materion PB Ratio Chart

Materion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.98 2.61 2.25 3.04

Materion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.91 2.78 2.41 3.04 3.07

Competitive Comparison of Materion's PB Ratio

For the Other Industrial Metals & Mining subindustry, Materion's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Materion's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Materion's PB Ratio distribution charts can be found below:

* The bar in red indicates where Materion's PB Ratio falls into.



Materion PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Materion's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=114.38/42.927
=2.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Materion  (NYSE:MTRN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Materion PB Ratio Related Terms

Thank you for viewing the detailed overview of Materion's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Materion (Materion) Business Description

Traded in Other Exchanges
Address
6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124
Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.
Executives
Gregory R. Chemnitz officer: Vice President General Counsel 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett director
John M Zaranec officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular director C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick officer: Vice President, Finance & CFO 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost director C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley officer: Vice President, Finance & CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy director
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple officer: President of Alloy Products 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya officer: President and CEO C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa officer: VP Finance, CFO MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence director 7875 OLD MILL RD, GATES MILLS OH 44040

Materion (Materion) Headlines

From GuruFocus

Materion and Kairos Power to Advance Clean Energy

By Business Wire Business Wire 07-27-2022

Top 5 2nd Quarter Trades of Trigran Investments, Inc.

By GuruFocus Research GuruFocus Editor 08-04-2022

Materion to Participate in CL King's 20th Annual Best Ideas Conference

By Business Wire Business Wire 08-29-2022

Materion Celebrates Webb Success

By Business Wire Business Wire 07-13-2022